Nuveen Global High Etf Performance
| JGH Etf | USD 12.95 0.06 0.47% |
The etf secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Global is expected to be smaller as well.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Global High are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong technical and fundamental indicators, Nuveen Global is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
Nuveen |
Nuveen Global Relative Risk vs. Return Landscape
If you would invest 1,242 in Nuveen Global High on December 22, 2024 and sell it today you would earn a total of 53.00 from holding Nuveen Global High or generate 4.27% return on investment over 90 days. Nuveen Global High is generating 0.0706% of daily returns assuming volatility of 0.4456% on return distribution over 90 days investment horizon. In other words, 3% of etfs are less volatile than Nuveen, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Nuveen Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Nuveen Global High, and traders can use it to determine the average amount a Nuveen Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1586
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | JGH | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Nuveen Global is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Global by adding it to a well-diversified portfolio.
Nuveen Global Fundamentals Growth
Nuveen Etf prices reflect investors' perceptions of the future prospects and financial health of Nuveen Global, and Nuveen Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Etf performance.
| Shares Outstanding | 23.18 M | ||||
| Price To Earning | 12.11 X | ||||
| Earnings Per Share | 0.96 X | ||||
About Nuveen Global Performance
By evaluating Nuveen Global's fundamental ratios, stakeholders can gain valuable insights into Nuveen Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nuveen Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nuveen Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen Global is traded on New York Stock Exchange in the United States.